Lake Superior Acquisition Corp (LKSPR) — SEC Filings
Lake Superior Acquisition Corp (LKSPR) — 8 SEC filings. Latest: 10-Q (Nov 14, 2025). Includes 3 8-K, 3 S-1/A, 1 10-Q.
View Lake Superior Acquisition Corp on SEC EDGAR
Overview
Lake Superior Acquisition Corp (LKSPR) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 14, 2025: Lake Superior Acquisition Corp. (LKSPR) reported a net loss of $25,103 for the three months ended September 30, 2025, and a cumulative net loss of $134,902 for the nine months ended September 30, 2025. This represents a significant increase from the net loss of $16,341 for the three months ended Sep
Sentiment Summary
Across 8 filings, the sentiment breakdown is: 1 bearish, 6 neutral, 1 mixed. The dominant filing sentiment for Lake Superior Acquisition Corp is neutral.
Filing Type Overview
Lake Superior Acquisition Corp (LKSPR) has filed 1 10-Q, 3 8-K, 3 S-1/A, 1 S-1 with the SEC between May 2025 to Nov 2025.
Recent SEC Filings (8)
| Date | Form | Description | Risk |
|---|---|---|---|
| Nov 14, 2025 | 10-Q | Lake Superior SPAC Burns Cash Pre-IPO, Eyes Deal After $115M Raise | high |
| Oct 31, 2025 | 8-K | Lake Superior Acquisition Corp. Files 8-K | low |
| Oct 15, 2025 | 8-K | Lake Superior Acquisition Corp. Files 8-K | low |
| Oct 10, 2025 | 8-K | Lake Superior Acquisition Corp. Files 8-K | medium |
| Sep 19, 2025 | S-1/A | Lake Superior SPAC Targets $100M IPO, Faces Dilution Concerns | high |
| Jul 10, 2025 | S-1/A | Lake Superior Acquisition Corp. Amends S-1, Nears IPO Launch | high |
| Jun 5, 2025 | S-1/A | Lake Superior SPAC Amends S-1, Preps for Public Offering | high |
| May 9, 2025 | S-1 | Lake Superior Acquisition Corp. Files for IPO | medium |
Risk Profile
Risk Assessment: Of LKSPR's 8 recent filings, 4 were flagged as high-risk, 2 as medium-risk, and 2 as low-risk. The overall risk profile suggests elevated risk that warrants close monitoring.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $0 |
| Net Income | $ -134,902 |
| EPS | $ -0.04 |
| Debt-to-Equity | N/A |
| Cash Position | $ 49,796 |
| Operating Margin | N/A |
| Total Assets | $ 174,160 |
| Total Debt | $ 346,753 |
Key Executives
- Edward Cong Wang
- Mitchell S. Nussbaum
- Giovanni Caruso
- Jose Santos
- Thurston J. Hamlette
Industry Context
Lake Superior Acquisition Corp. operates within the Special Purpose Acquisition Company (SPAC) sector. This sector has seen significant growth and subsequent scrutiny, with many SPACs facing challenges in identifying suitable targets and completing business combinations within regulatory timelines. The competitive landscape is intense, with numerous SPACs vying for attractive acquisition targets, often leading to increased valuations and deal complexity.
Top Tags
SPAC (4) · Blank Check Company (4) · IPO (4) · British Virgin Islands (2) · S-1/A (2) · SEC Filing (2) · Business Combination (1) · Financial Performance (1) · Risk Factors (1) · Shareholder Deficit (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Loss | $134,902 | Increased from $16,341 for the nine months ended September 30, 2024, to $134,902 for the nine months ended September 30, 2025. |
| Cash | $49,796 | Decreased from $129,309 at December 31, 2024, to $49,796 at September 30, 2025, before IPO proceeds. |
| IPO Gross Proceeds | $115,000,000 | Raised on October 8, 2025, and placed in the Trust Account. |
| Private Placement Proceeds | $3,600,000 | Raised simultaneously with the IPO from the Sponsor and underwriter. |
| Promissory Note - Related Party | $300,000 | Increased from $200,000 at December 31, 2024, to $300,000 at September 30, 2025. |
| Total Shareholders' Deficit | $172,593 | Increased from $37,691 at December 31, 2024, to $172,593 at September 30, 2025. |
| Combination Period | 18 months | Deadline from IPO closing to complete a Business Combination. |
| Class B Ordinary Shares | 3,833,333 | Issued and outstanding as of September 30, 2025, held by the Sponsor. |
| Total IPO proceeds | $100,000,000 | Amount to be raised from the public offering |
| Units offered | 10,000,000 | Number of units available in the IPO |
| Price per unit | $10.00 | Offering price for each unit in the IPO |
| Underwriting discounts and commissions | $6,000,000 | Total fees paid to underwriters, including deferred commissions |
| Business combination deadline | 18 months | Timeframe to complete an initial business combination |
| Founder shares (Class B ordinary shares) | 3,833,333 | Shares held by initial shareholders, subject to forfeiture |
| Sponsor's founder share purchase price | $25,000 | Nominal price paid by Lake Superior Investments LLC for 3,648,333 Class B shares |
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Frequently Asked Questions
What are the latest SEC filings for Lake Superior Acquisition Corp (LKSPR)?
Lake Superior Acquisition Corp has 8 recent SEC filings from May 2025 to Nov 2025, including 3 8-K, 3 S-1/A, 1 10-Q. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of LKSPR filings?
Across 8 filings, the sentiment breakdown is: 1 bearish, 6 neutral, 1 mixed. The dominant sentiment is neutral.
Where can I find Lake Superior Acquisition Corp SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Lake Superior Acquisition Corp (LKSPR) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Lake Superior Acquisition Corp?
Key financial highlights from Lake Superior Acquisition Corp's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for LKSPR?
The investment thesis for LKSPR includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Lake Superior Acquisition Corp?
Key executives identified across Lake Superior Acquisition Corp's filings include Edward Cong Wang, Mitchell S. Nussbaum, Giovanni Caruso, Jose Santos, Thurston J. Hamlette.
What are the main risk factors for Lake Superior Acquisition Corp stock?
Of LKSPR's 8 assessed filings, 4 were flagged high-risk, 2 medium-risk, and 2 low-risk.
What are recent predictions and forward guidance from Lake Superior Acquisition Corp?
Forward guidance and predictions for Lake Superior Acquisition Corp are extracted from SEC filings as they are enriched.